Iowa/Minnesota Daily Direct Prior Day Hog - Purchased Swine

LM_HG204	***RESENDING FOR CORRECTIONS ON LIVE NEGOTIATED HOGS***
Des Moines, Iowa Fri, Nov 08, 2019 USDA Market News

IOWA/MINNESOTA DAILY DIRECT PRIOR DAY HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Thursday, November 7, 2019

CURRENT VOLUME BY PURCHASE TYPE
BARROWS & GILTS LIVE AND CARCASS BASIS

Actual Actual Actual
Prior Day Week Ago Year Ago
Producer Sold
Negotiated 731 2,761 777
Other Market Formula (Futures/Options) 16,770 17,671 15,768
Swine or Pork Market Formula 68,759 70,972 76,331
Other Purchase Arrangement 36,216 106,234 33,570
Negotiated Formula 0 0 249
Packer Sold (all purchase types) 7,330 6,340 8,460
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NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/
MARKET OR PORK PURCHASE FORMULA WTD AVG
FORMULA MARKET ARRGMENT
(FUT/OPT)** FORMULA
Barrows & Gilts (carcass basis):

Producer Sold
Head Count 190 16,770 66,967 36,216 0 120,143
Base Price * 62.32 59.68 62.60 * 60.83
Packer Sold
Head Count 7,330
Base Price 50.89
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NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):

*Price not reported due to confidentiality* 5 Day Rolling Avg $45.84
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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COMBINED NEGOTIATED & FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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IOWA/MINNESOTA DAILY DIRECT NEGOTIATED HOG PURCHASE MATRIX
REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
based on both Fat and Muscle Measurements for a 200 lb Carcass Basis

*Price not reported due to confidentiality*
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CARCASS WEIGHT DIFFERENTIALS

*Price not reported due to confidentiality*
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

*Price not reported due to confidentiality*
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 69,088

Base Price Range $42.50 - $75.68, Weighted Average $59.51
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NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs):

Compared to Prior Day's closing weighted average (LM_HG204), 1.80 higher

Wtd Avg $36.35, 5 Day Rolling Avg $37.34
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs):

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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COMBINED NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs):

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN

Iowa 83,997 Minnesota 45,809
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*Price not reported due to confidentiality, for more information visit:
www.ams.usda.gov/sites/default/files/media/ConfidentialityGuidelines.pdf

*Base Price is the price from which no discounts are subtracted and no premiums
are added.
** Futures/Options

Source: USDA Livestock, Poultry & Grain Market News Division, Des Moines, IA
515-284-4460 email: desm.lpgmn@ams.usda.gov
24 Hour recorded market information 515-284-4830
www.ams.usda.gov/market-news/livestock-poultry-grain
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